Graduate job vacancies increase

The number of jobs available to graduates have increased for the fourth year in a row, a new study has claimed.

According to the survey produced by the Association of Graduate Recruiters (AGR) vacancies suitable for university leavers have increased by 12.7 per cent.

The AGR claims that the expected median salary has also risen to £23,500 - an increase of almost 2.5 per cent.

Explaining the figures, Carl Gilleard at the AGR said: "Graduates entering the market in 2007 can be optimistic about the opportunities available to them, with vacancies predicted to continue to rise."

He continued: "Although the salary increases predicted are fairly conservative, graduate salaries are already competitive in comparison to non-graduate entry level salaries. This reflects the added value that graduates are perceived to bring to an organisation."

The survey also suggests that highest paying graduate career can be found in the banking or financial services sector where the median starting salary is £37,000.